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when they had gone ramsay solutions. If no ramses word that is down dangerous gang and pay more interest taken, the place of the Bmw status doesn't ramses. We all people build while the work that they love and actual amazing relationships were glad you're. Here, thanks for joining us can common Ramsay personality hosted again com and show number one bustling author is Michael vote today: open phones, a triple eight, eight too.

Five thousand five hundred and twenty two that's eight hundred and eighty eight eight hundred and twenty five five thousand two hundred and twenty five, marks weathers in springfield a mark. Welcome other amnesia. How you doing dave great man. What's up yeah, the question I'm I kinda did some stupid stuff and ah last year or a little bit over a year ago, I called into one of your other shows. He is no longer what you said about it. If I could say his name or not, I it was curious, hoping he gave me ranging transfer year good. Well, then, two days later, you guys parted ways and me and my infinite wisdom side, while this day ramses, yet I'm not ever going to do anything with them. I convinced my wife they range is an idiot now. Here I am a year and a half later shelter to my wife.

I don't know would help me with what is now going towards our my lad currents exaggerated again. So anyway, here I am a and a half later realised that my internet was done was not only one of them at all. I need to try and get back. Day my only programme where the problem is, I ve convinced my rights that they were in the media and so now I'm trying to fix that I am convinced her the I was wrong and I just I'm not sure that I'm doing a good job he had one girl, but I figured if we could pull this off would get hurt. What was going on by all it did. We get her to say what that means, that we can invest their money now

and we've still got eighty four thousand dollars in debt, not including the house. I know that we need to get that paid off, but solely investing, though she's worried because she's got a lot of medical issues and sooner notice, she's gonna be able to live long enough to be, the sea retirement. If we don't start now, what's the nature of a medical issues, well, she's got a type one diabetes, then she's guy history of cancer, like every female family died of cancer Russia is not. I have cancer. Now how reliable shoes well, floating shoes will be forty and a couple months and she thirty six well her things, she's going to die before she has wealth using our thomas s alone, she's not gonna die before she has wealth, which is a car wreck.

From what you just described me anyway, that's her saying, I don't believe you, that's not a truthful state, that's hyperbole and drama, just hurrying you been wrong so much I don't know which tommy were right. That's all she sighed. What's your income mark, combined income or or soul income, we have a combined income or are our take home? Income is just under one hundred thousand okay. She got plenty of money, you just don't have a system, how long y'all been married we ve been married. Sir John over a year like a year and a half, but we've been together for eight and a half years Now you're together and now you decide. What's next twenty years look like, and so the thing, I would take Dave ramsay can common chris hogan the equation link? their relevant to your life and in terms of the actual.

People involved there. That's were not relevant the question. Is watch? The vision for europe's future. And I am, I think, sit down any look out there and of the future, and you say let's turn off the tv but sir, everything, a science and all the bills aside with set all the worries about medical aside, and let's say: ok, when we're sixty five when we're seventy What do we want our life to look like. And write those things down. That's called a vision, and get really detailed, hide def tv, tommy, hd, ok, and then the two of you look at that and end. Let's talk about that long enough and dont power, what her vision is ask her. What our vision is. And then she needs to ask you and the two of you talk to talk it through until you, ok,

out of all the things we rode down here, the most important thing we're both saying is this in the next most important thing. Is this and you say: ok, we like to half a million dollars and we like me, traveling the world will have no doubt that be an example. Ok, when you should are sixty five. Luckily, the money to travel and enjoy life, I dunno, if you want travel or not, I'm just made that up. Okay. But whatever it is, you down wanna do ideas, and then you say now and then my friend Henry cloud says that your desired future, then you have ask yourself what has to be true that is, not true the day for us be there then. Where are we shall eighty four thousand for the debt relief are saving money where start living in control equipment like we're in congress right That's what has to be true for you to get to that dream. Now. What is the method week. Next question is: what is the method we use to get ready? Four thousand hours in that we spend less congress be in agreement,

spending embryo resting steadily show that we have a million dollars. We can travel room restrictive up and we know that what is the easiest method to do that once the most proven method to do that a thing called financial versity we could go through that an watch that together and see after we watch it. If we think That is the best way for us to get to our desired future. Ten million people have gone through the clash. Ten million people have gone through the glass. If it were, grew in paypal. If we were really people off somewhere around a million someone would have said this is a rip off. We get complaints about it being ripped off. The only complaints we get is the stuff. We tell people to lose hard, but it works every time you work it to the extent you work it The first you decide where it is. You want to go

then you decide how I want to get there and then you decide who can guide me the quickest to get on my journey, and I am convinced that the rams organization as a whole- not me personally but financial peace university. The steps we teach is the fastest just way to become wealthy and I'll, give you another year of. Replies of financial peace university for you guys sit down and watch that together, but you can't just do it on the basis of Dave ramses. A good guard over him should not a bad guy. Everybody's about gather renders a good guy, like you, microsoft left laughed like you, kid that doesn't decide your future then says they ramses future protagonist, future ken collins, richer, but but you're futures decide by what you did so you got to decide what you're gonna do and if, if I've lost credibility in your house, all because open laughed, then so be it. It's ok, find your way, though, do

a proven path to get there because it didn't happen unless you guys do it and you do it together. The goldman ramsey personality is my co host. Today, a lot of people would rather spend their weekend doing yard work than talk about insurance have a root canal than talk about insurance. There's a lot of bad things. We would do but talk about insurance, but here's the deal, if you don't take the time to learn about insurance, you're, going to get ripped you're always eyes gonna, feel like could get ripped off cause you really get ripped off around it. We think learning about money should be simple or even fun. Our new free five days

add to insurance called confidence in your coverage learning about insurance, quick and practical, and you might even laugh out loud a or two it is after all, your personality, george camel, which is always good for a to top it all Will you give away for the folks you sign up at the end of the series? You'll still have the artwork, but it You'll know your stuff. When it comes to insurance, gotta, ramsay solutions, dotcom slice, confidence up for the free five day guide to insurance confidence in your coverage, ramsay solutions, not gunflash confidence, jasmines in Washington DC high jasmine welcome the rams you shall I thank you so much Taking my call. How are you all better than we deserve. What's up, and so I am mother, I'm on these two, but also trying to stay for a house. Unfortunately, I have about thirty thousand between one

the card and I had Ah, you know done that one, the one thousand dollar fine, but then I thought Your call- and I have an extra eleven thousand and I just need guy. In terms of where to put that I'm going to be putting my daughter and gaiters data that some of the expense that kind I've been thinking. I eat favor well, but I am against name up for a model. You got my aunt, you gotta be able to cover it with your income. What's your income to about thirty four are? Not thousand and thirty four hundred a month led, I'm kidding, it just job to help supplement for that very reason. You just bad though, but In the meantime I have just given. And you- and I don't want to get into it for that watching your daughter now.

My parents to buy once a year are she's going to take her. Will. We want you to your old, always your care. I see ok copper as an infant and now that she is eligible for daycare. I see for your daycare yeah. Ok, so you're making fifty thousand dollars a year take plus your side. Hustle, okay and you've got Thirty thousand dollars in debt, the everything save for the house yet. I know because I was digging into it to try and pay for it. So you don't have anything. You don't have a house one today. Just bear what I thought for the car right in the thirty thousand version. That is what we're gonna. Do it, Five hundred is on the credit card and then there's a small five thousand, what thou alone, but then the bigger alone, but twenty

on what the toy out our another carlo. Leave her alone. I got previously to pay off old order car. From our side to peking. Lemme go trash couple years. So you figured out this borrowing. Your way out of debt thing done. Work began. Have you cut up the credit card? Yes, I don't you. Not enough that I said: did you cut it up? putting in trying to block scissors like destroyed it. All Ah, I refuse the shredder to put it now: you're hurting the shredder. Ok, I work that our good account just making sure the things non. Does it keeps bite you I don't want a snake in your house right even your sleep, it bite you be careful, ok, show our support,

you know why there low income from the other side. At a whole other issue. I dont know why they're not employed but I believe I would ask the judge to help me. I guess from child support out of her gentlemen, so he can learn to work again, it'll be good for him taking care of his own child a bit like a man. Going to do and stuff shall we are we all do that let's move all know the ok. Not buying a house yet So just houses off the time. No, you don't Don't you worry about saving upper house when you were born? a debt. You got eleven thousand dollars on what you take that down to one thousand dollars. That means you have ten thousand dollars apart from these that your smallest debt to your larger step and then I want you can only written detailed game plan and what you put every day. You can squeeze out of your life, you are not allowed to got to eat in the lobby, go even go into a restaurant lets. You work there

you're not allowed to go on vacation. You're broke a little tiny baby and you're scared right scary. I know you're a warrior princess, I'm proud of you, but you're as you have held a here girl, you can do this at all. I'm on biggest cheerleader. I love you. I think you're awesome you're to be on scorched earth where you're broke friends. I think you're crazy, mother think you near counselling, you do is work and pay bills echoes. You are on a mission to get out a debt you're freaking. There is on fire. Is the. Can you hear the roar in my voice. I trying to install it into your throat. Ok, I want you to have the same guy, I'm done and so I live in like this about a break this I'm about to change. My whole family tree right now, this key,

Mine is gonna, have life different because of the decisions I make in the next twelve months bone. Even now, your work like a maniac for a short period of time and you clear up all his death, don't have any payments and you have a written budget where you're living on less than you make. You got a whole new life right there, and then we can save up a good emergency fund. A three to six months of expenses, and then we can talk about saving up for a house that three years from today, very doable cause you're gonna be three years older anyway, you might as well be winning so you think just throw what I have at the fort the credit card. The law, allows yes and then I'll just chip away that one yes, but let's get practical jazz, because Davis gave a great green motivational speech. But do you see how quickly you can pay off twenty thousand dollars? If that's the only one left with Additional income at you're making and then

Nothing else you do. Do you see if you put just a thousand dollars a month towards that twenty thousand? That's twenty months max? That's if you just put it! ass, you need to put two thousand because you can do more than that. Aren't you, two thousand georgia cause you're gonna get thousand. I you're jesting budget. You can make an extra thousand put that whole two thousand towards this. You're done in ten march, the house feel jasmine. That's enough to agree this time! Next year you got eight thousand dollars on the bank and no payments value. That's where I want you to be. That's the goal, Now what you should write all of that out now. We, if I give you the free class to go too far, probation diversity. Will you do the clash of? I give it to you free your Right now, when you are rich and victorious single mom someday, I want you to find one. That's got a brand new baby scared out of her bones and you have any buy it for by, for it, geiss. Okay, your pay. It forward lighter. Ok,

You hang all we'll take care of you. You call me any time and will help you with it you can do this. You can do this by it. This is the day when you start happening this lie. You Finster, this life start happening to you, Where'd you get this not beat out I'll, be in those situations, and you just start to want to cry the corners. I don't kick me again why, I would highlight Dave what I'm glad you said this you should get after that judges she needs to. She shouldn't feel guilty or obnoxious that there if there is a legal order here on what this dead beat is doing or should be doing. I'd like that, I say: go after the judge had an egg that make that judge so put out with, with whatever she's doing that he goes after this guy with everything he's got, because that is. That is not right and I'm glad you brought that up. I mean he We have a manhood crisis. Victor though If of america is real

There is a crisis of manhood among its incorrigible. This guy's, not working in today's world and economy, and you have a brand new baby to rig.

Fifteen dollars an hour working at night, your only reason for being on the planet right now baba I mean you made a baby, you take care of the baby. This is how life works. Man, ups whoosh, this is the ramsey show the ken goldman ramsey personality, open phones for macos, open phone jared, aaa eight to five five to two five, Charles is with us in bowling green kentucky, the charles. How are you

better than nothing, says I should be here. How can I help I am speaking wise counsel, My mother, has cancer. We we ve already created. This we have to become a true. Time. So the promise all her debt. So just trying to get somebody. How to honour her. Now like your properly on other, I'm sure sure. How old is she. She sixty nine and you're dead. Her still married yes, hooker, and how much that does she have on saunders. Twenty thousand to twenty five on the car for

five thousand on medical debt that they were spoken? on the bills. On that, and then she has a ten thousand two hundred our judgment from credit card debt, they own home. Yes, what is it worth. Considering the shape it's in probably close, one thirty it didn't you I want you They are now on the home. Did they have any money. Without your dad. Does she have any life insurance? No. And what is the prognosis? I'll have decided. Ah, the treatment is stopping she's got a month or a year. Or what are you thinking? that's the big unknown its acute o king s,

it's much whenever she runs out enough blood were alive, but what's the boxer Can us an that it could have been, it's pretty much a range of weeks a year, You sure you're going through this ok rule number one is we don't worry? the money apart, we were about mom versed in your dad. You love them, the time that she's got here. Your pleasure, your stressed she's not stressed you're, just gonna. Hang. Ok, then doing that the EU can that that the thing about this stuff is aid it on. You can get Down into the business aspects in the math aspects of the work they do

work. That has to be done here and lose the enjoyment of the little tommy got left whether I don't want you to do that that's knowledge. I mean there are times that I can let you spend a couple hours and a half with a look at it, helps me if I'm in these situations to know the technical aspects, but It helped me lower mice anxiety or must stress level about something. As your usually more stressed about things, you don't understand, then thing do understand. Even if there is bad news and the things you do understand agreed. So here's how this works. Mathematically show I'm to get. Nagoya, cold, all of a sudden with your you ready, We understand that when someone passes away what they owe their assets has to stand good for what they owe if they own nothing, the debt does not true for to their children.

Your case, your mom owns half of a house, that's worth thirty thousand dollars your mom every go ahead. Everything else! in her name only doesn't matter a house. Doesn't matter, her house has to stand good for her dad. So, if your dad wants to keep this house he's going to pay her death Ok! If if there was not a if they lived in an apartment and they owned nothing, then he I have to pay a dime of this because it's all in her name it does not even go across marriage lines, individuals or individuals in this situation. Ok, bye! because she owns a house. That's worth shield a portion of a house that worth one hundred thirty thousand dollars. If he wants to keep his portion of that house, he's to have to pay these. So what we can do to sell the car

Going call the medical people up and we're gonna call the credit card people up and go. She died, here's a death certificate and you should copy, the death certificate and you say, weak we're linda pay, something on this, but she died. They consist of an old house this not worth much, and you know we're willing to settle this and you go in and you settle this fifteen thousand dollars were the debt for farmers six thousand dollars and your brothers and sisters probably going to have to help your dad scrape that together to do that and then he's going to when you write those checks- and you said all those debts he's going to have a. In clear hundred and thirty thousand dollar house and no doubt going all the card of day yeah right now here is on carlotta took seventy thousand private some words in the language of what its in one's own forty six on the high, and so you can sell it for twenty.

Your father, you Tom is worth you should twenty sold on it. You know you need only to get the car so they get. There are sold mecca. The car and then you're sitting are only other debt and you just let it sit there and you don't know a thing with it until till she graduates to Heaven and after she graduates then you go into this business transactions and you these debts for If, after fifty cents on the dollar, with cash. And I ve been talking to the hospital them getting them to negotiate and reduce the already good you're on your own track. This is it Only what you did, but you don't get to walk away from it, because we need to protect the house for your dad. Ok, If there was no house and she'll nothing, we would just call it the credit card. Pink and send a modest certificate to say he passed, she has no assets. You get nothing the cinema letter, maybe that simple! Ok,

But in this case to protect dad's house, we've got to go through and settle these things even of the first part of a vehicle get rid of it. Then, That's on medical, yet in judgment and I'm out more about those credit cards, I can just said to certain Not gonna, do anything erskyll, shooting no squawk the other than yell a flop and a floor. They're not gonna. Do anything just sit on and let him get old and let him get nastier and then you can deal with em neck next year two years from now on, everyone deal with them, so they come over and put a lien on your dad's house. We eventually want to take care of them right. Yeah cause your dad working. Now he he's unable to work this out a couple stroke of injuries and your brothers sisters. Now it's all single children. Ok, what do you make.

Fifty two I already started parliament that I know a provided by saying that for the that to help them but ill, For me all I had my only gets the house tomorrow. We got twelve months ago, easy all that, I'll leave. You took a low buddy you're savings to settle this debt that before. Because you're gonna inherit this other. How someday anyway, right. Yeah eventually, although I'm probably going to sell it, because I don't know, I didn't say that you're going to but you're going to get one hundred and thirty thousand dollars if your dad passed away today. So if you put, a thousand dollars in this deal to help your dad. It's not. You lost it, your point acting your future ash out again on being very cold and calculated here, taking all the feelings of the us, because we understand that more important things and all his jump. We covered that in the first part of our conversation, bottom yeah,

I'm sure you got your fashion is charlie, so hard to go through and on that up, a nasty disease right there, man slow its harsh

This is the room she should make for joining us american common rooms. You version now to use my go ocean today, crystals in cleveland, ohio. I crystal our. You dave you better than we deserve much, so

My husband and I am last year we were making yearly used figures blowing our guy doing great. My children. While he was born at the time they want. You sign unexpectedly darted having ginger's. No, it was over we process very still struggling, we urge lots of doctors, It means all my time, but Do I mean maybe persuasion? he's doing better much better on the diagnosis coming down, they died knows He had something called grey matter: how to write choky, I am. They found a spot in his brain. That should be their ethical. If dome none emotion! He made the decision were just my own emotional state, either Teacher and we need a decision for me to stay home

understand a movie yeah. We basically kite to our income in half an hour expensive way. There seemed are we to ensure emergency find and pretty much all they got that we had paid eyes accrued again wanna Becky were glaring gives out of It is my sad, but you don't know why I'm gap should be the winner. A feeling! I have you adjusted your lifestyle now to be within his income. Are you still goin in the hall where all the extra stuff out, but just on a mortgage I'm sure you have to show your house in order to stay home. Maybe your child. Yes, is that going up for sale has been, should have gone up for sale. The first day you came home from school absolutely. My husband doesn't want it. So I dont care, co. Uk your husband wants.

Are you guys? Rio has already made this choice. You made the choice. Stay home with the baby. The baby so check my heart, breaking and have tears running down my face and I'm going to stay home with my baby, my baby, we cut our income and half you can't ignore them that you have to also cut your expenses and have simultaneously- and you didn't do that right, worst, you did was heroic. The second part yoda was stupid. He saw your house for your child. Your trial show your house can't afford your house on your husband's income. Am I right? Yes, ok, The house is a. It is a collateral damage to the situation with a child and what you're declaring when you do this is that use

in time and being there for the sick baby is more important than the stupid house because you cannot live in a fantasy mathematically get a pass on math, because you're a hero, forensic baby, you be a hero, sick, baby, you're, amazing, woman, asian amazing guy. You got a hard time situation. I'm sorry your facing this, but do not make it worse mt. I can learn all along. I got your income, even if we, a whole am I? I guess he sought to purchase home, but have a decent You haven't even non equity. What what? What? What is your house payment How do you a little over eleven hundred and what is his take on ie

he is to come a month- is only eighteen hundred, but he may commission, on top of that, in a very brief He make a month. Right now I don t call me, eighteen hundred he's not anything above the eighteen hundred a month way Now he is the last mile from east p m last monkey boy Three thousand. You cannot be a lot. I learned how to dollar housemaid will more income right? Don't work, then work be. Something has to change. And here's the thing something's going to change your are gonna change it or somebody's gonna change it for you called for closure and a bankruptcy.

Because you're you're driving a car straight at the wall, mathematically aren't you You you, you lie all about the fact that the math shocks with the fact that the baby, being sick is sucks. Yes,. The man causes the mouth to shock, and you can but you gotta face the whole thing. It's you best way through this. Your best way to win long term is to face the whole thing Going to happen- and I can tell you how to be a prophet, are you ready five years from the date five years from today, the seizure. Be gone. He's going to be a normal little boy run around like crazy and you're going to be back teaching, and this is all going to be in your rearview mirror. But be a nearer view mirror faster. If you deal with the present, Full reality today, ok,

crystal. You said earlier that the region came home from the classroom, was for your emotional wellbeing and yet all of this day, Is causing just as much emotional stress so he's gotta implore. Your husband understand that we made this decision for my emotional and mental well being, and yet I'm not. The benefits of that because of our finances- and this is a season You don't need me think about a house. You sell the house and you rent. And this is a circle- the wagons moment for your family, where we circle the wagons and we defeat the enemy in front of us and then You're gonna get another. How explore your house? We have other we're, not gonna get one on thousand dollars. A month ago, and you're not gonna get why, in this situation, what situation up de there's another- I've been in cleveland, ohio, there's houses all over the place should get. You know last february.

It's what you get you another one! This isn't! This is a moment in time. This is what is known as the valley you are in the railway right. But the point evaluation or should I say they are going to live your whole life in the valley. It doesn't hurt it doesnt work out that way So this is the thing you look back on and you'll tell. Tell your little boy's, kids someday? You know when you're a kid. Your daddy was warning about Moreau very much. We had to sell a house so that you'll be that grandmother telling that story right. That's what's going to happen, Chris I tell you how many times my mom and dad have talked about when I came into this world. They live in this teeny, tiny one bedroom now, there's a whole nother thing. This is yeah, but the point is that an omen? Well imagine trying to parent me for Heaven's sakes, but This is a season and I don't remember your sons not going to remember it and and this is a storm. This is us all right now

I gotta tell you it's not for your emotional wellbeing, you're being a good mom. It's her fate. A good mom wants to be there with a one year old is having seizures. That's just a good laugh. I mean that's, not a bad thing. Thank you. If, if you were my own kid, I would tell you to do exactly what you're doing, except for the part where you kept all the expenses right so gotta go starting today and then come back out of this and you will be able to add a house back and you'll. Be will not the law. Thing of issues? I want to ask you this, How available with a Nickel situation are you tutoring in your own home. We talk talked about that even any answer. Next coming school year, like forty dollars an hour, schedule, yeah make a huge difference. If you can, if you have the land where it doesn't put your child in jeopardy, lay not trying to. You quit work and her and put you back to work. I one must try to do, but I am, but

some bandwidth, while kiddo was sleeping or kiddos manageable. Ninety nine percent of time borders here to watch him now, it sure is not having up episode bright that then you can do some forty dollars an hour.

Tutoring and you can change this whole situation and maybe keep the house yeah. I would. I would tell you a very specific idea: there David's online teaching, adult education makes really good money in the little guys and sleep she's got the monitor and control, and when you do it, yeah yeah online online, tutoring, big time I'll check on all that, but kitto make the adjustments on the outgo. When you make the adjustments on the income, that's what I want you to do so you, when you call us anytime, we'll be honored to help the knave. Here you can find all of our shows with the ramsay network app on your smartphone. It's the only place to listen to the entire back catalog of episodes download the ramsay network app in your favorite app store that a the. If you enjoy this podcast, you should check out other great podcasts from the ramsay network like the rachel cruise show. Money should be fun, not stressful. I'm ready to cruise and I'll show you practical tips on how to save money in your everyday life and get out of debt even faster on the rachael ray show I'll show you that you can take control of your money and create a life. You love, listen to the Rachael ray show wherever you listen to podcasts, hey, it's james,